Tag: #Opinion piece
Putting a ‘T’ in the GCC: Why Arab financial leaders must become AI champions
Gulf financial institutions are navigating through the biggest forces of change that the industry has ever experienced. Changing economic realities have already set the...
Powering new banking business models with open banking platforms
While the concept of Open Banking has been around for some years, the industry mostly espoused it for the sake of regulatory compliance. However,...
Mobile Banking User Acquisition Strategies to Accelerate Recovery of UAE Banks in 2021
As the UAE emerges from what looks to have been the peak of the pandemic, analysts have started to make predictions about the recovery...
Investing in Agritech: The Future of Farming in the UAE
Ever since the industrialisation of agriculture in the early 20th century, mechanised technology such as tractors and combine harvesters have helped humans to massively...
It’s time to compose Total Experience solutions
Recent research commissioned by Avaya confirms that GCC banks are pursuing an app-centric relationship with both their corporate and consumer customers. With the closure...
Payments Modernisation in Middle East & North Africa: Trends and Opportunity
Over the past few years, the banking sector has gone through a massive transformation, with the modernisation of payments at the epicentre of this...
How to effectively deliver AI-powered analytics in the age of digital banking
First, the bad news: COVID-19 hit the region's banks hard. According to KPMG, H1 2020 net profits for the GCC banking sector were down...
Open Banking without Strong Customer Authentication creates bad customer experience and leaves banks vulnerable....
Regulators around the world are implementing various incarnations of Open Banking with the goal of changing how payments are made in their regions. They...
Data, the oil of the 21st Century
Internet security blog posts are usually more at home on the inside pages of IT trade periodicals than on the front pages of international...
Tax technology is transforming compliance for banks in Saudi Arabia
Since digitalization affects every facet of banking operations, KPMG latest Banking Perspectives report touched base on the scope and future of banking automation in...